After costs, if the gap returns to its 7d average, $10k−$464
spread now+0.062%7d average+0.088%fees + slippage, in and out−$461spread needed4.610%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PENDLE-USDT-SWAP | 2.5860 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $3.2M | $5.0M | 50x |
| Short | Aster PENDLEUSDT | 2.5876 | 0.0014 | get 0.0014% / 8h | 7h 30m | $51K | $128K | 10x |
OKX PENDLE-USDT-SWAP
Aster PENDLEUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.16
- Funding while held
- −$2.57
- Slippage, 4 orders
- −$442.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$457.41
- Spread needed to break even
- 4.610%
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 29 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0086%
- Per $10,000 a day
- −$2.57
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 1.93 bp | 16.9 bp −$17 | 126.4 bp −$1,264 | doesn't fit | doesn't fit |
| Sell Aster live order book, 29 min ago | 4.25 bp | 147.2 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
PENDLE price on every exchange
against the cheapest. Click to use as the short leg.Injective2.5600cheapestVariational Omni2.5831+0.904%Bybit2.5840+0.937%Gate2.5840+0.937%edgeX2.5841+0.941%Extended2.5845+0.957%Bitget2.5848+0.969%ApeX Omni2.5854+0.992%MEXC2.5855+0.996%Paradex2.5856+1.002%Binance2.5858+1.008%
Injective
Variational Omni
Bybit
Gate
Extended
Bitget
ApeX Omni
MEXC
Paradex
BinanceOKX2.5860+1.016%
BingX2.5862+1.023%Lighter2.5869+1.051%KuCoin2.5873+1.066%
BingX
Lighter
KuCoinAster2.5876+1.078%
Polymarket Perps2.5886+1.117%dYdX2.5886+1.117%Aevo2.5887+1.121%BloFin2.5887+1.121%Reya2.5888+1.125%Orderly2.5892+1.141%Hyperliquid2.5897+1.160%SunX2.5898+1.164%GMX2.5898+1.166%Deribit2.5899+1.168%Coinbase International2.5920+1.250%Backpack2.5939+1.324%Kraken Futures2.5964+1.423%
Polymarket Perps
dYdX
Aevo
BloFin
Reya
Orderly
Hyperliquid
SunX
GMX
Deribit
Coinbase International
Backpack
Kraken FuturesPENDLE on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PENDLE/USDC PERP | −1.005% | −0.1875% | 1h | $2K | $6K | 5.5x | as long as short |
| Variational Omni PENDLE | −0.111% | −0.0270% | 8h | $670K | $2.3M | — | as long as short |
| Bybit PENDLEUSDT | −0.077% | −0.0060% | 8h | $16.1M | $11.9M | 50x | as long as short |
| Gate PENDLE_USDT | −0.077% | +0.0100% | 8h | $817K | $1.1M | 75x | as long as short |
| edgeX PENDLEUSDC | −0.074% | +0.0100% | 4h | $26K | $417K | 10x | as long as short |
| Extended PENDLE-USD | −0.058% | +0.0104% | 1h | $171K | $520K | 10x | as long as short |
| Bitget PENDLEUSDT | −0.046% | +0.0100% | 8h | $3.9M | $2.6M | 75x | as long as short |
| ApeX Omni PENDLEUSDT | −0.023% | +0.0077% | 1h | $78K | $236K | 50x | as long as short |
| MEXC PENDLE_USDT | −0.019% | +0.0100% | 8h | $16.9M | $2.1M | 125x | as long as short |
| Paradex PENDLE-USD-PERP | −0.014% | +0.0100% | 8h | $36K | $30K | 10x | as long as short |